Sina Corporation (symbol: SINA) was one of the biggest winners of the
trading day today (2016-08-09), gaining 15.15%. The number of shares that
changed hands was 3,920,452, or about 5.0 times the average daily volume in
the stock.
The closing price was $67.18, amounting to a market cap of $4,690,000,000,
about -0.34% off the highest price in the last 12 months. The stock has
been trading at a range between $32.61 and $67.41.
SINA is in the Computer Software: Prepackaged Software industry, part of
the Technology sector.
Looking at its valuation, the stock is now trading at 84.93 times earnings.
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